A newly revised Money Laundering Control Act was passed by the Legislature in January and will come into effect on June 28.
Taiwan yesterday signed a memorandum of understanding (MOU) with Saint Lucia Monday on cooperation in the battle against money laundering, the funding of terrorism and other major forms of financial crime.
Premier Lin Chuan (林全) has instructed an office be set up to strengthen money laundering prevention and control in Taiwan, Cabinet spokesman Hsu Kuo-yung (徐國勇) said yesterday.
China’s state prosecutor on Friday formally accused a former deputy head of China’s Taiwan Affairs Office with bribery and abuse of power, setting the stage for his trial.
Ministry of Justice Investigation Bureau officer Yang Chao-chung (楊肇忠) was yesterday charged with offences stemming from the alleged orchestration of an insider trading scheme involving Phison Electronics Corp stock.
An amendment to the Money Laundering Control Act (洗錢防制法) was passed by the Legislative Yuan on Friday, widening the scope of professions required to report any suspicious financial transaction by their clients to the authorities.
Taiwan has expressed its “stern opposition” to Malaysia’s deportation of 21 Taiwanese suspected of multi-million dollar telecoms fraud to China.
Police announced on Thursday that they recently smashed a Tainan-based telecommunication fraud ring suspected of targeting people in China and
The chairman of Taiwan’s Financial Supervisory Commission (FSC) stepped down on Monday as criticism grows over the watchdog’s effectiveness after
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A Republican state senator from the Niagara Falls area and his predecessor pleaded not guilty on Thursday in a pair of schemes involving payments to a spouse and a former aide, the latest in a long line of corruption cases to emanate from New York State’s capital.
Cristina Kirchner ordered to stand trial for the first time in series of corruption and mismanagement cases
Argentina’s former president has been ordered to stand trial, in the first of several cases against the divisive ex-leader.
If you don’t think there is any corruption in Australian politics, then you have no need to worry about the millions of dollars’ worth of corporate donations to political parties.
Agricultural Bank of China (AgBank), the country’s third-biggest lender, said it will spend three years building an anti-money laundering (AML) centre to improve and centralize AML control, according to a statement circulated late on Thursday.